Tiger Woods' Wife Would Receive $300 Million for Divorce Settlement
Posted on Dec 5, 2009 1:51pm PST
According to several news sources, Tiger Woods' wife stands to receive a record breaking
divorce settlement if she were to decide to leave him after yesterday's announcement. Just a day ago, Tiger Woods admitted to infidelity in public.
News sources say that his wife, Elin Noregren, had signed a prenuptial agreement prior to marrying Woods that was worth $300 million. The couple owns a $2.6 million home, a $22 million yacht and also a $39 mansion on Jupiter Island. They have been married since 2004.
Since 2006, it is reported that Woods earned $1 billion due to his many sponsorships and endorsements. One of his deals with Nike is worth $30 million annually. He also has ongoing deals with Gilette and Gatorade.
Last week, Woods crashed his SUV into a fire hydrant outside of his house. After the accident, the National Enquirer published a story, alleging that Woods had been dating a nightclub hostess from New York. Aside from the nightclub hostess, Woods has been linked to two other women.
Since the accusations were made public, Woods released a public statement and apology. He said, "I have let my family down and I regret those transgressions with all of my heart," Woods said. "I have not been true to my values and the behavior my family deserves. I am not without faults and I am far short of perfect. I am dealing with my behavior and personal failings."
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